First off, housing inventory is still incredibly low. In some areas of St. George inventory is so low that we’re selling homes BEFORE THEY EVER HIT THE MARKET!

In fact, according to data from the Census Bureau and the National Association of Realtors, inventory remains well below historic averages, and is 50% less than the peak in 2006….and we thought no market could ever be that hot again. Go figure!

Second, while mortgage rates also remain very low, recent announcements by the Federal Reserve might cause them to finally start rising.

This would make mortgages less affordable and might turn away a significant number of potential buyers.

This is even more of a concern when you consider the continuing growth of home prices—6.9% in the last year alone.

Third, contrary to conventional wisdom, Fall is generally a great time to list your home.

Buyers in the Fall are likely to be more serious because they have probably been searching for months without success. (For more on that, check out our recent post on bidding wars.)

Also, because fewer homes are listed in the fall, this means there’s even less competition than we’ve seen due to the general low inventory.

So what do you get when you put all those things together?

Arguably the finest home-selling environment St. George has seen in a decade. Some will wait because it makes sense, others will wait because they’re trying to “time” the market….and will look back with regret.

Here are a few resources to help you with whatever next steps you are considering:

Our Fall 2017 Home Buying and Selling Guides. Download them (for free, without having to share your personal info), by clicking HERE.

You can get started with this home value calculator on my website, which takes into account recent St. George sales:

This calculator will give you a good idea of what your home is worth in about 60 seconds or less.

And if you would like a more precise estimate of what your home could sell for this fall, or if you have any other questions about the current St. George real estate situation, give us a call at 435-215-4533. We’ve got the finest folks in St. George real estate ready to help!

Now I’m headed out to enjoy this Fall weather, you should do the same!

Looking for a St. George Home?

The ORIGINAL St. George area Real Estate radio program. Created and hosted by LIFETIME local Jeremy Larkin & his elite, “Jedi” Real Estate team, The Larkin Group. This is an absolutely NO “B.S.”, local perspective on St. George real estate and factors that affect it.

If you haven’t tuned in to GoStGeorge radio, you’re missing out. It’s all about Washington County Real Estate, Community Events and other issues that will affect our property values.

Hear what people are saying about us:

When I decided to sell my St. George town home I looked online for a Realtor. I found Jeremy Larkin's website and decided to use him. Jeremy is very organized and there was a lot of communication and feedback. He was able to sell my townhouse in a week and a half. Jeremy re...

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When I decided to sell my St. George town home I looked online for a Realtor. I found Jeremy Larkin's website and decided to use him. Jeremy is very organized and there was a lot of communication and feedback. He was able to sell my townhouse in a week and a half. Jeremy really did a great job! It was a very fast, easy transaction. Hire him!

We had a Realtor before we started working with Jeremy Larkin and they didn’t make any effort whatsoever. With Jeremy, I was incredibly impressed with the amount of time and effort he put into advertising my home. He is so knowledgeable about what he is talking about so I n...

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We had a Realtor before we started working with Jeremy Larkin and they didn’t make any effort whatsoever. With Jeremy, I was incredibly impressed with the amount of time and effort he put into advertising my home. He is so knowledgeable about what he is talking about so I never felt like I was being misled. He really knows his stuff! He utilized everything he had from print, web, ads, and presenting it to brokers, which was above and beyond of what we knew before. Jeremy is a go-getter, he is nonstop, and he doesn’t just list it and wait for it to sell. He is interactive and he really pushes the sale. I would highly recommend him to anyone!

I was on the market to sell and I was just really impressed with Jeremy’s whole set up with the way that he showed that the property would be coming on the market. Evidently there was a guy who was already to go the minute we put it on the market and I really liked that. Th...

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I was on the market to sell and I was just really impressed with Jeremy’s whole set up with the way that he showed that the property would be coming on the market. Evidently there was a guy who was already to go the minute we put it on the market and I really liked that. The fact that we didn’t have it on the market yet, but we showed that it was coming soon made it possible to have a buyer right away. We both knew the direction we were going in and that made me feel more at ease. He was on top of everything and he always kept me informed. I’ve never had another Realtor do what he has done for me. He sat with me and went through the way the whole operation would work. I really appreciated all the time that he spent with me. Jeremy was exceptional and he exceeded all of my expectations. He is so knowledgeable and he is one of the top Realtors in our area. He’s so easy to work with and I don’t think anyone would be disappointed with how he runs his operations.